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5 Simple Ways in Which Blockchain Can Help the Refugees

  The rise of the Islamic State of Iraq and the Levant (ISIS) has led to much more instability in the middle east, specifically in Syria. The country of Venezuela has also seen a complete breakdown of its governmental and financial apparatus due to the corruption in the ruling regime of President Maduro. Typically, rising…

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How is India Empowering its Economy Using Blockchain?

While India’s attitude towards cryptocurrency has remained mixed, the country has made no efforts to conceal its interest in employing blockchain technology to modernize its bureaucracy. Prime Minister Narendra Modi has hailed blockchain technology as a tool for organizing the agricultural sector in the country which will help farmers earn a fair price for the…

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What is KYC & How KYC on Blockchain Can Help?

Know your customer (KYC) is the process of a business, identifying and verifying the identity of its clients. The term is also used to refer to the bank regulation which governs these activities. AML & KYC are used interchangeably sometimes. Though they are completely different standards & regulations. Blockchain can be used to do the…

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Regulations around Blockchain & KYC

Blockchain technology is still in its nascent stages. The BFSI (Banking, Financial Services, and Insurance) sector has begun exploring the technology’s potential. However, there still seems to be a long way to go for companies to put the technology to use. The reason is that regulations around the technology and its use cases are in…